MEL

Meridian Energy Limited

NZ Utilities Utilities - Renewable

Latest week
10 Jul 2026
Close
5.670000
Fair value
5.493562
Next-week expectancy
Undecided 52.04%
Sharemaestro

MEL Chart Pack

Meridian Energy Limited

Exchange
NZE
Latest week
10 Jul 2026
Close
5.670000
Fair value
5.493562
Next-week expectancy
Undecided 52.04%
Generated
17 Jul 2026 05:13
Sector
Utilities
Industry
Utilities - Renewable

Chart Summary

Over the latest 12 completed weeks ending 2026-07-10, MEL rose 1.43%, moving from 5.59 to 5.67. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is active on the latest week and was active in 8 of the last 12 weeks. Relative Strength is -3.19 and has softened across the 12-week window. Market Dynamics is 0.56 on the latest week. Next-week expectancy is undecided at 52.04% based on similar historical setup states.

Key Points

Week Ending
10 Jul 2026
Latest Close
5.67
12-Week Change
1.43%
Trend Signal
Active
Next-Week Expectancy
Undecided 52.04%
Signal Weeks
8 of 12
Vs Trend Line
Above
Vs Fair Value
Above
Relative Strength
-3.19
Market Dynamics
0.56

Weekly Price

Weekly Close Trend Line Fair Value Activity Lines

Chart Panels

Choose up to 5 panels. Drag panel headers to reorder.

Chart Summary

Key Points

Week Ending
10 Jul 2026
Latest Close
5.67
12-Week Change
1.43%
Trend Signal
Active
Next-Week Expectancy
Undecided 52.04%
Signal Weeks
8 of 12
Vs Trend Line
Above
Vs Fair Value
Above
Relative Strength
-3.19
Market Dynamics
0.56

Over the latest 12 completed weeks ending 2026-07-10, MEL rose 1.43%, moving from 5.59 to 5.67. The latest weekly close is above the Trend Line and above Fair Value. Trend Signal is active on the latest week and was active in 8 of the last 12 weeks. Relative Strength is -3.19 and has softened across the 12-week window. Market Dynamics is 0.56 on the latest week. Next-week expectancy is undecided at 52.04% based on similar historical setup states.

Industry Peers

New Zealand equities in Utilities - Renewable

Stock Exchange Week Open High Low Close Change
MCY Mercury NZ Limited NZE 10 Jul 2026 6.88 6.99 6.79 6.93 0.73%
CEN Contact Energy Limited NZE 10 Jul 2026 9.26 9.38 9.12 9.20 -0.65%

Next-week expectancy

Next-week expectancy is a short-term historical read. It compares the latest completed-week setup with broadly similar past setups and asks whether the following week tended to close higher or lower.

It is not a trend call, a price target, or a guarantee. A positive read can appear while price is below trend or activity pressure is weak, because it is measuring short-term follow-through odds for the current setup state.

Use it as one context layer beside Trend Line, Relative Strength, Market Dynamics, Fair Value, and the visible price structure.